- AUD/JPY is extending slump for a second consecutive session, renewed concerns over Brexit after-effects boosted Yen demand.
- The pair extends downside from Tuesday, hits lows of 74.55 before paring some losses to currently trade at around 47.85 levels.
- Speculation about BOJ verbal intervention sees some profit booking in JPY crosses. Techs support further downside.
- Stochs and RSI on the daily charts are inclined south, MACD is well below the zero mark.
- Immediate support and resistance are now located at 74.38 (lower Bollinger Band) and 75 levels respectively.
- Our previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-breaks-major-support-at-77-level-good-to-sell-on-rallies-231518) has achieved all targets.
Recommendation: Book partial profits, lower trailing stops to 75.50, target 74.35/ 74/ 73.75


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major European Indices
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro- Major Crypto levels and bias summary
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 



